"increasing the risk of a crash" is an optimistic description of what would happen if the frunk opened while driving. Even if the loss of visibility didn't directly cause an accident, the distraction/confusion/anxiety could easily cause a crash indirectly.
I guess this is one instance where you're much better off in FSD mode, since the computer's vision wouldn't be obstructed by the open frunk, nor would it 'freak out' the same way a human driver would. Of course, you'd still have to have the driver take over in order to pull the car over, but at least you could do so when it was safe to do so (assuming you could resist the urge/reflex to mash the brake pedal when the frunk popped open).