Safety at railway level crossings (RLXs) is a worldwide issue that increasingly attracts the attention of relevant transport authorities, the rail industry, and the general public. The differences in the operation characteristics of varying types of warning devices, together with differences in crossing geometry, traffic, or train characteristics, leads to different driver behaviors at crossings. The aim of this study was to use traffic microsimulation modeling based on field video recording data to compare the safety performance of varying conventional RLX warning systems. The widely used microsimulation model VISSIM was modified to produce safety-related performance measures, namely, collision likelihood, delay, and queue length. The results showed that RLXs with an active warning system were safer than those with a passive sign by at least 17%. Integration of surrogate measures in conjunction with traffic simulation models determined which safety approach was more efficient for specified traffic and train volumes.