What does a flashing red traffic light mean?

A flashing red traffic light indicates that drivers must come to a full stop and proceed only when it is safe, similar to the rules governing a stop sign. This signal requires drivers to give way to any cross traffic or pedestrians before continuing on their way. The flashing light serves as a clear warning that action is needed to ensure safety at that intersection, making it imperative to treat it with caution.

The other options do not accurately depict the requirements associated with a flashing red light. For instance, proceeding at your own risk does not emphasize the necessity of coming to a stop, and a malfunctioning light would typically be treated differently, often requiring careful observation of the surrounding traffic rules instead of just continuing to drive. The yield instruction does not align because the flashing light mandates that all vehicles must stop, not just yield.