Nice question you asked and I believe not everyone of us knows how to handle panic the situation when they are afraid and judging by how anyone react to panic can prone the person to more danger or safety too if better Decisions were taken.

Before I take decision in such panic situation first thing I do is to first analysis my safety measures to know which decision among the thousand thought I have will keep me on a saver side.

Most people rush into action in taking quick decision without proper analysis of their safety. They gat to know is all about safety at that particular minute and not putting yourself to harm due to being afraid of your present situation.

The steps and method I take to keep safe whenever I found myself in a situation where I'm afraid and as a result I panicked over it the first thing I do is to take a deep breath from the mouth before taking further decisions.