A safety light system comprising a trailer hitch mounted configuration. The safety light system includes a safety light assembly receptacle carried by a trailer hitch mounting member. The safety light assembly receptacle includes a light assembly receiving cavity for receiving and temporarily retaining a removable light assembly. The removable light assembly includes elements to provide a user controlled continuous red light, a flashing red light, and a continuous white light. The flashing red light provides a roadside flare configuration. The continuous white light provides a flashlight configuration. The continuous red light in conjunction with the flashing red light configuration provides a driving light configuration. The removable light assembly can include a securing mechanism for attaching the removable light assembly to an object to warn others of the extended object and/or support legs enabling operation as a roadside flare, spotlight, and the like.