What are the three elements of risk?

The three elements of risk are Assessment, Acceptance, and Compensation.

Assessment involves identifying and analyzing potential risks associated with driving or any other situation. It's crucial for understanding the likelihood and severity of dangers that one may encounter while on the road.

Acceptance refers to the acknowledgment that some risks are inherent to driving; it means being aware of these risks and making an informed choice about how to approach them. Drivers must accept that they cannot eliminate all risks but can manage them effectively.

Compensation relates to the strategies and actions taken to mitigate the impact of the identified risks. This might involve using safety features in a vehicle, practicing defensive driving, or adjusting behaviors to lower the chances of an adverse event occurring.

These elements work together to form a comprehensive approach to risk management, ensuring that drivers are better prepared for the uncertainties they may face while driving.