Depending on the length of their previous financial history, new company owners might be required to pay a higher premium for their bonds. In most cases, a new company owner may get a reasonable interest rate if they have an excellent credit score and an otherwise solid financial background. On the other hand, some new company owners haven't had the opportunity to create a solid line of credit, so the surety provider can't prove their financial responsibility. This may result in the surety provider charging these owners a higher premium.