Super-producer Timbaland filed a claim with insurance company American Home Assurance Company for a lost watch reportedly worth $1.8 million. The insurance company refuses to pay up because they feel Timbaland wasn’t being truthful about the claim.
“Timbaland filed a lawsuit against American Home Assurance Company claiming his 2-year-old daughter lost his Jacob & Co. watch bedazzled with 30 carats of diamonds … and the insurance company won’t ante up. But in new legal docs … A.H.A.C. claims it doesn’t owe Timbaland a dime — claiming he’s been as slippery as a seal, lying like a rug. The insurance company claims: — Timbaland bought the watch for $900,000 but insured it for TWICE the purchase price. — Timbaland reported the watch stolen … but 4 months later claimed his daughter misplaced it. — Everyone involved told a different story … the wife implicated another female, the assistant implicated the maid, the maid only copped to sleeping with Timbaland’s brother-in-law and the brother-in-law refused to cooperate. No one ever mentioned the daughter losing the watch, like Timbaland belatedly claimed.” (TMZ)
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