Verification is the cheapest insurance in outbound and the most misunderstood step in it. A verifier does not tell you whether an address is good. It tells you what a receiving mail server was willing to say about it, which is a narrower and more useful claim.
We analyzed 383,368 addresses we analyzed through live SMTP verification. The split was 43.4% confirmed valid, 23.9% invalid, 16.7% catch-all and 16.0% unknown. Two of those four states are answers and two are refusals to answer, and treating all four as a single valid or invalid decision is where most bounce problems begin.
These guides cover the mechanics, the states, and the operational question of when to verify: at import, at export, or in the week you send.