There are different types of insurance coverages in the US, and depending on which one you choose, it will change the amount you might receive from a claim.
With actual cash value coverage, you'd be covered for the cost (how much you paid) of your home and belonging after accounting for depreciation.
Replacement value policies are the same as actual cash value except it does not take depreciation into account.
GRC is the most comprehensive type of coverage. This type of coverage will allow you to receive the total cost of repairing or rebuilding your home.