Slip-and-fall accidents can happen almost anywhere. You could slip on your neighbor's sidewalk in the winter, on a neglected spill at the supermarket or on a poorly lit stairway at work. You may not give these accidents much thought until they happen to you but, when they do, you could be looking at serious financial issues like lost wages and high medical bills.

To help you better understand the risks, here are a few key facts about these accidents.

1 Million Visits

Around 1 million people end up in the emergency room because of slip-and-fall accidents every year. These trips make up about 12 percent of the total fall-related visits, of which there are around 8 million annually. When looking at all falls, they account for 21.3 percent of emergency room visits. Nothing else brings people in as often.

Elderly Risks

Elderly individuals carry the greatest amount of risk. For instance, for people who are 85 years old or older, nothing causes more injury-related deaths than falls. For those between 65 and 84 years old, falls rank second overall.

Workers' Compensation

Statistics show that the leading reason for workers’ compensation claims on an annual basis is that employees slipped and fell. Falls also lead to the most days that employees have to miss work every year. In fact, some reports claim that slick floors lead to a full 85 percent of workers' compensation claims. While specifics may vary from year to year, it's clear that the risk level remains high. Falls have a serious impact on businesses, not just individuals.

Slip-and-Fall Compensation

Do not underestimate the economic impact of a slip-and-fall injury. Such a simple thing can keep you out of work and rack up far more medical bills than you'd ever expect. When facing these costs, it's important to know your legal rights.