Chemical Sales
Chemical Sales
The sale of agronomic chemicals can be endorsed on to either a seed sales policy for a small additional fee. This offers sub-limit coverage in the amount of $250,000 with a $5000 deductible.
Please see the chemical endorsement page for further details.
The Seed app has a question pertaining to chemical sales.
Frequently Asked Questions
+ I’ve never heard of this before. Where did it come from?
It is a totally new policy issued by Lloyds of London on request of The Crop Shop, LLC and available thru The Crop Shop, LLC for Seed Sales Representatives and Granular CSA’s.
+ Why do I need this?
You are making professional recommendations in the sale of the agricultural chemical which affects your client’s crop, farm and income for which you may be held responsible.
+ What does it cover?
Recommendations of agricultural chemicals to solve a specific weed, insect or fungus problems.
+ Can it be included in my Seed Sales E&O policy?
It may be endorsed onto each of these policies at a small additional charge with specific sub-limit deductible, limit of liability per claim and aggregate limit.
Chemical Sales Loss Examples
Recommended broadleaf chemical didn’t work as the sales agent suggested in my corn. Yield loss as a result of broadleaf infestation was 12 bu/A for 240A at $3.50/bu equals $10,080 claim against you. Covered.
Recommended fungicide didn’t work as the sales agent said it would resulting in soybean yield loss of 8 bu/A for 320A at $9.80/bu equals $25,088 claim against you. Covered.
The sales agent suggested combining 2 agricultural chemicals for use in a Management Zone. Crop wilted and died after spraying. Covered.
Misapplication resulted in yield loss of 40 bu/A over 280A at $3.50/bu equals $39,200 claim against you. NOT Covered Application is not included.
The client deviated from label instructions which resulted in significant crop damage. NOT Covered.