I've gone through a few modem/routers in my time and their ability to break slowly can be frustrating, as you don't know whether it's the kit or the software. Surfing t'interweb there doesn't seem to be any conclusive documents on why they break, but heat and power spikes are the most likely causes of issues. I've certainly lost at least one to the latter, but it's possible that smaller surges have just fried a less critical component on others; and I now sit on a surge protected ring (or so my electrician told me when he wired the house, I'm not sure whether he was wearing his Stetson at the time). My router now conveniently sits on a metal trunk with plenty of airflow around. Probably no guarantee though.
What I did find last year while trying various fixes to a breaking router is that most of the commercial ones are based on on a few chip designs. Convenient for finding a 3rd party firmware upgrade but it does mean that there isn't going to be much disparity in failure rates amongst brands. This common chipset probably means that a home router/modem isn't a high profit margin device, leading to cost cutting on circuit design, manufacturing quality and firmware creation.