My car's engine has broken down & i still owe lots of money on it,can my insurance company help to pay it off?

No. Insurance can only pay for crashes, thefts, etc. It can help when the car simply breaks down. What you want doesn't matter. Once you buy something, you have to pay whatever it costs, even if you stop using it. That's the difference between a purchase and a rental. You can't get out of it. You have to pay.

Let me walk you through the scenario. If you sell the car right now, you will still owe $10000. If you pay to fix it, you will have the cost of fixing, but the car would be worth more than $10000.... probably more than the cost of the repair. I can't see a scenario where you wouldn't be better off replacing the engine with a used engine. Insurance is not for general maintenance.

No. That's not what insurance does.

You can let the bank repo the car. Your credit would go bad for a long time. But that may be your only solution. Lesson learned, get a cheap car that you can afford and a dependable one. And, make sure you always have oil in the car.

Your car insurance covers you for repair after an accident, it does NOT cover it being unusable because of a mechanical failure ! If you still owe 10 grand on the finance you have no option but to repair it.

They aren't going to help pay anything off. That's not what an insurance policy does. This is your debt and your obligation.