Routine maintenance plays a big factor on how well your chipper performs and last.
Dull Blades/Knives waste fuel, harder on equipment and slows production. It is easy to feed in a piece of wood that has a nail or a piece of fence wire. Inspect blades often for dullness. It may pay to keep a extra set of knives and anvil around just in case??
Dry Dirty Wood can dull blades pretty fast. The type of wood and age plays into the factor also.
The gap between the anvil/shear bar and knives is very important. Chips can get to big or to small when the adjustment gets out of spec and makes the machine work harder and shorten the life. Check often.
Belts need to be inspected for wear, cracking and proper tension.
Inspect for material failure like cracks, broken welds and loose pieces.
Inspect for oil leaks.
Keep check on all bolts for tightness.
All bearings are tight.
Grease all fittings after every 8 hours of use.
Inspect Feed Roller for wear. To much wear and it slips on the wood it is trying to pull in.