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It is not a deduction directly ... the loss in value is only realized when you sell the property. What you may have had is deductible casualty loss but only if you entered the repair costs and the insurance reimbursement correctly AND you will need to itemize deductions which many can no longer due since the 2018 tax law changes.
Deductible casualty losses are only allowed in federally decarded disaster areas, which I believe Florence was.
Even then the loss is subject to two thresholds: 1. Your deductible loss is only the amount that exceeds 10% of your AGI and your total itemized deductions must exceed your standard deduction.
If you entered the loss, in TurboTax (TT), and saw no benefit, the most likely explanation is that one or both of these thresholds were not met
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