Are all truths maximally risky?

Abstract According to the modal account, risk is a function of modal closeness. A puzzling consequence of this account is that all truths are maximally risky. I defend this puzzling claim against several objections found in the literature, by drawing connections between axiom T for safety and risk and between counterfactual reasoning and risk. I conclude by briefly explaining why we find the conclusion puzzling and by advocating for a pluralist notion of risk where modal risk is a legitimate notion alongside the probabilistic one.