It is always advisable to handle EXCEPTIONs properly in your code(provided that the programming language has a support for it). Its a standard practice and the best way to handle surprised or “MY God!!!” type errors .
Now thats not the point of this topic. When you are very much specific that a particular type of error is going to occur, why don’t you validate instead of going for exception way!!! That may be a more accurate way of not letting the exception to occur. If you know that divide by zero exception is going to occur in your code, then validate the number before hand and pass the non zero arguments so that you will save execution time.
So its completely depends on the requirement, study it properly and go for some validation (as applicable) rather putting more efforts on exception for the same.
Happy Coding…Keep smiling