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Timbaland

Sues Over Missing Watch ...

Where's My $1.8 Million???

1/26/2013 10:09 AM PST BY TMZ STAFF
EXCLUSIVE

0126-tmz-timbalandTimbaland is still crying over that $1.8 MILLION watch that went missing two years ago (wouldn't you be?) -- and now he's filed a lawsuit against his insurance company ... claiming it REFUSES to cough up the cash to cover his claim.

According to a lawsuit filed against American Home Assurance Company last month, the music mogul claims he paid over $50,000 to take out a policy with AHA back in May 2010. Timbaland says the  policy covered a slew of expensive items, including his Jacob & Co. 18K white gold watch, loaded with over 30 CARATS of diamonds!!!

In the suit, Timbaland claims he lost the watch in August 2010 and filed a claim with AHA -- and even testified under oath that it was missing -- but the company DENIED his request and hasn't paid a dime.

But there's a twist ... this is the SAME watch Timbaland reported stolen two years ago -- which is when his family called the cops ... claiming he was so distraught by the loss they feared he might commit suicide. Timbaland was adamant he never planned to kill himself.

At the time, he told the L.A. County Sheriff's department he felt "someone he knows" stole the bling and they opened an investigation.

In the suit, the rapper says he believes (and testified under oath) it was his two-and-a-half-year-old daughter who "picked [the watch] up and played with it until she became bored and discarded it somewhere."

He adds, "It has never been found."

Timbaland is suing for $1.8 million -- the value of the watch -- plus interest and attorneys' fees.

0126-celebrity-bling

106 COMMENTS

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31.

KanyeWest    

He's got the cash

633 days ago
32.

Genn1825    

Anyone who buys a 1.8 million dollar watch deserves to have it ripped off their wrist, than be beaten with it and than have it stolen!! Too much money for his own good!

633 days ago
33.

AsYouWere!    

So this idiot knowingly let his 2 year old play with his million dollar watch, sounds like the insurance company should counter sue for parental negligence Lol

633 days ago
34.

duke    

F4%K this ******!!!!

633 days ago
35.

Toallthehatersoftheworld    

This story sounds fishy to me. Then u want to kill yourself over a watch that's supposed to be insurance must be foul play been 2 years and no money has been payed out

633 days ago
36.

mariussignorellomusic    

I think he is trying to scam the insurance company. I sure want that watch though.

633 days ago
37.

LISA    

What a weird story. Who knew there was such a thing as a 1.8 mil watch? I'd be afraid someone would chop off my hand if I wore it out!

633 days ago
38.

Dee Dee    

Hey folks, if an insurance company can deny coverage for him and he's somewhat wealthy then an insurance company can deny a poor persons claims even after they've paid up on their policy. SO imagine in you lose your home, or property to thief these corporations can and will deny your claim. Oh yeah this also applies to health insurance policies.

633 days ago
39.

David    

1.8 million dollar watch and you let your 2 year old play with it. You dumb ASS You don't deserve to have a watch that's even worth $1.80. You rappers are a bunch of losers with money. I'll put a dollar in your cup when I see you in skid row. Not really!!! LOL

633 days ago
40.

abby    

What kind of watch is worth a few houses?!

633 days ago
41.

al92lt1    

Check with Lindsay.

633 days ago
42.

LRo    

That's what he gets paying almost $2 million for a watch! Ridiculous! Who would let a 2 year old even have access to something like that. I don't blame them for not paying. It was his stupidity.

633 days ago
43.

Phil Jones    

I smell a scam.

633 days ago
44.

RaisingStar    

Damn. They might not give it to him. Sounds like his own negligence.

633 days ago
45.

LISA    

Did anyone check out the celebrity bling photos at the end of the article? It's pretty crazy! Flavor Flav wasn't featured, so I'm guessing his clocks are 'costume jewelery' lol?

633 days ago
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