Cabelas still sells ATV covers. The deluxe trailerable cover version is very well made and absolutely stands up to some pretty strong winds. I haven't used it on a trailer but would have no issue doing that. The Large and XL size should easily fit a Kodiak 700 as long as you don't have a monsterous rear storage box. I ordered the XL size and was shipped the Large size by mistake. I ended up keeping the Large size and had Cabelas reduce the price to the item I was shipped. The size Large cover fits well over my Grizzly 700, even with front Rotopax containers, Powermadd handguards and a Tamarack Classic front box mounted on the rear rack.
The Large cover I have comes down to about 6-8" off of the ground, the XL version would have most likely come close to touching the ground but otherwise has the same L and W measurements.
I looked around at lots of covers and the Cabelas trailering cover was by far the best value for a very well made ATV cover. The only thing I'm not a fan of on that cover is the very large, front and rear advertising for Cabelas.