Which of the following is an example of risk avoidance?

Risk avoidance is a strategy that involves taking actions to eliminate any possibility of encountering a risk. In this case, choosing not to drive in bad weather represents a proactive measure to avoid potential accidents or dangerous situations that could lead to injuries or financial losses. By avoiding driving when conditions are unsafe, an individual is effectively eliminating that specific risk altogether.

On the other hand, purchasing insurance, diversifying investments, and using safety equipment are all strategies aimed at managing or mitigating risk rather than avoiding it completely. Insurance provides financial protection against potential losses, while diversification helps spread risk across different investment channels. Using safety equipment in the workplace reduces the likelihood of accidents but does not eliminate the risk entirely. Thus, not driving in bad weather stands out as the clear example of risk avoidance in this context.