What are Errors & Omissions?

Errors & Omissions (E&O) in the US, is a form of liability insurance that helps protect professional advice and service providing individuals and companies from bearing the full cost of defending against a negligence claim made by a client, and damages awarded in such a civil lawsuit.

The coverage focuses on alleged failure to perform on the part of, financial loss caused by, and error or omission in the service or product sold by the policyholder. These are potential causes for legal action that would not be covered by a mere general liability insurance policy which addresses more direct forms of harm.

Professional liability coverage sometimes also provides for the defense costs, including when legal action turns out to be groundless. Coverage does not include criminal prosecution, nor a wide range of potential liabilities under civil law that are not enumerated in the policy, but which may be subject to other forms of insurance. The policy itself defines all terms and conditions taking precedence over all other written or oral materials. Source: IIABA.

What is CGL?

Comprehensive General Liability (CGL) is a standard insurance policy issued to business organizations to protect them against liability claims for bodily injury (BI) and property damage (PD) arising out of premises, operations, products, and completed operations; and advertising and personal injury (PI) liability. Source: IIABA.

Shelly Turner

The Crop Shop, LLC
606 Bryan Ave
Roland, IA 50236
Voice: 515-851-9009

Email: shelly@thecropshopllc.com

Experience:

  • Account Manager, The Crop Shop, LLC
  • Independent insurance agent with background in agricultural risk management protection products
  • Licensed in multiple states
  • Undergrad completed at Iowa State University, Ames, Iowa. Bachelor of Art Degree
  • Annual and Extended Continuing Education
  • Member of the Independent Insurance Agents of Iowa in good standing
Steve Nicklaus

The Crop Shop, LLC
3694 240th Street
Clear Lake, IA 50428-8849
Voice: 515-851-9009

Email: steve@thecropshopllc.com

Experience:

  • Owner, The Crop Shop, LLC, Clear Lake, IA
  • Independent insurance agent with primary emphasis on crop and farm related risk management protection products since 1981 as Owner,
  • Manager & Primary Agency Producer
  • Founder/Partner of The Crop Shop, LLC, Advantage Ag Insurance, LLC; Dairy Gross Margin Insurance, LLC; and Crop-Link, LLC
  • Innovator and developer of Unique and Specialized Errors & Omissions Protection Program for Dupont Pioneer Sales Agents
  • Licensed in multiple states
  • Iowa State University, Ames, Iowa: Bachelor of Science
  • Annual and Extended Continuing Education
  • CCIC Certified Crop Insurance Counselor
  • Member of the Independent Insurance Agents of Iowa in good standing