<prompt> Human: So Im getting a camera for my brother for Christmas and I was wondering if renters insurance would cover theft of the camera? I live in the US and he lives in Spain. The camera will be bought with my credit card and shipped to my apartment. My insurance covers theft of all my personal property worldwide, but if it gets stolen when its in the possession of my brother would that typically be covered?EDIT: Looks like what Im describing is fraud. So on another note how can I minimize my tax liability with this purchase? I work in the TV production and post production industry, but I think if deduct it as a work expense thatd be fraud... camera will be worth 3500.  <response>: My insurance covers theft of all my personal property worldwideYour brothers camera isnt your personal property, its his property. 