I had a slight high side going maybe 10mph from my gf's parent's house. I came down their driveway, started making my turn to the stop sign, and my back tire slid out from the back, I grabbed the back brake and rode it out till the bike rolled over on it's side and I came off. I rolled 3 times on smooth pavement. I was wearing my gear (textile jacket with armour, helmet, gloves, boots). I ended up being shooken up, but my gear did the job and I was fine after rolling.
Sometimes you don't have a choice, but I would go with JM1 with his choices if possible.