That depends on your overall tax situation. Your casualty loss is the difference between your cost basis in the items (usually, but not always, what you paid for them) and the final value or reimbursement. When you claim the loss you first subtract a deductible equal to 10% of your gross income. Then subtract a second $100 deductible. Then the rest is a schedule A itemized deduction. So your final benefit will depend on your overall income and your other deductions. It certainly will not hurt to enter the information in turbotax and let the program figure it out.
https://www.irs.gov/taxtopics/tc515.html
