Adding another answer because the comment box got full. And didn't edit the old answer because wasn't sure if you'd get notified of it.
I do not have Shankaar or Zettili, but you've written the expression for $\Omega \Lambda$ (I don't know how to put hats on them, sry), while the uncertainty relation deals with $\Delta \Omega \Delta \Lambda$. The statement with the anti-commutator is:
$4(\Delta \Omega)^2 (\Delta \Lambda)^2 \geq \left|\left<\{\Delta\Omega,\Delta\Lambda\} \right>\right|^2 + \left|\left<[\Omega,\Lambda] \right>\right|^2 $
Do the calculations, you will find it. If your relation was correct, and the commutator was zero as well, then $\Omega\Lambda = \Lambda\Omega \Rightarrow \{\Omega,\Lambda\} = 2\Omega\Lambda$, which would result in your relation saying:
$4(\Delta \Omega)^2 (\Delta \Lambda)^2 \geq 4 \left|\left<\Omega\Lambda\right> \right|^2\geq 0$
contrary to what you said about there not being any uncertainty relation at all. This is happening because your relation is wrong.
As for your second comment: First I thought you wanted to know "why does it mean we can do this", and I gave the answer to why we can do this. Then you said you knew that, so I figured you were asking why we choose to ignore the anticommutator and not the commutator; because we could make a similar argument saying the mod square of the commutator is always positive, and so just write
$4(\Delta \Omega)^2 (\Delta \Lambda)^2 \geq \left|\left<\{\Delta\Omega,\Delta\Lambda\} \right>\right|^2 + \left|\left<[\Omega,\Lambda] \right>\right|^2 \geq \left|\left<\{\Delta\Omega,\Delta\Lambda\} \right>\right|^2 $
which would of course be right. But, if the commutator is zero, this relation gives us
$4(\Delta \Omega)^2 (\Delta \Lambda)^2 \geq 4(\Delta \Omega)^2 (\Delta \Lambda)^2$
which tells us exactly nothing about the codependency of the uncertainties of the operators.
However, if we neglect anticommutator and it is zero, the uncertainty relation does not become trivial. This is what I meant, and also that the uncertainty relation between incompatible operators results because of the commutator and not the anticommutator, when I said that the commutator is more important to the uncertainty relation.
All this, of course, if your question was "why not keep both", to which I can only say, the equation is more concise this way. Keeping both terms however, definitely strengthens the inequality.
It comes from.
$ \begin{aligned} \hat{\Omega} \hat{\Lambda} &=\frac{\hat{\Omega} \hat{\Lambda}+\hat{\Lambda} \hat{\Omega}}{2}+\frac{\hat{\Omega} \hat{\Lambda}-\hat{\Lambda} \hat{\Omega}}{2} \ &=\frac{1}{2}[\hat{\Omega}, \hat{\Lambda}]_{+}+\frac{1}{2}[\widehat{\Omega}, \hat{\Lambda}] \end{aligned} $
– user220348 Feb 27 '19 at 22:00