The question is whether you mean just plugins, or not. If you're worried about VST plugins, then do what outofplastic said. If you also mean rack presets, Ableton instruments presets and stuff like this, you'll probably want to backup Ableton's library folder too. ยด
...aslo, dunno why you need to re-install, but there's this little neat trick that cures a lot of trouble with Ableton.
Go to C://Users/(your account's name)/AppData/Roaming/Ableton/(Live version you use at the moment)/Preferences
In that folder, find file "Preferences.cfg" and delete it (or for backup reasons just move it out of that folder). It stores your Ableton's settings. If it ain't there, Ableton notices it and creates fresh new one with totally initialized settings. Try that, it might cure whatever you're solving.