Every mount has 3 insignia slots (the newly released ones have 4), and you can have 5 mounts in your Stable, so you can benefit from the bonuses of a total of 20 insignias.
You will find many rare (blue) insignias and you won’t need better ones for a long time. Legendary insignias are very expensive. Insignias can only be slotted in mounts that have corresponding slot types (there are mounts with universal slots though). There are 5 different types of slots (barbed, illuminated, regal, crescent, and enlightened) and most of the insignias do not have variants for all of the types. Dominances insignias do not come as crescent or enlightened, for instance.
Insignias themselves are only useful to balance your stats, and will not improve your stat percentages. At legendary, they give 200 item level.
Insignia Bonuses
IDepending on the type of insignias you slot in mounts, you will have access to different bonuses. They can stack up to 3 times, but the second one gives half the returns and the third a quarter of the returns.
Upgrading Insignias
We can upgrade insignias from Uncommon to Mythic. It requires Insignia Powder, which is obtained by converting Insignias into Powder. Breaking Insignias gets you an amount of Powder which depends on the quality of the Insignia (it can crit and give you more Powder sometimes):
Uncommon: 2 Insignia Powders
Rare: 10 Insignia Powders
Epic: 50 Insignia Powders
Legendary: 250 Insignia Powders
Mythic: 1250 Insignia Powders
Upgrading Insignias costs Refinement Points and Insignia Powder which depend on the quality of the Insignia:
Uncommon to Rare: 20 Insignia Powders
Rare to Epic: 100 Insignia Powders
Epic to Legendary: 500 Insignia Powders
Legendary to Mythic: 2500 Insignia Powders
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