Product review (5 stars): Handle-This Appliance Handle Covers
Love this handle cover.  I use it on the handle of my kitchen stove to keep my dish towel from constantly slipping off and falling onto the floor.  It attaches with Velcro and is easy to put on/take off to wash. The Velcro runs the entire length of the cover.  This cover is made of terry cloth, so it has some stretch and "give" to it.  (Comes in a set of 2).