To backup the passwords a copy of ~/.password-store/ is enough, but to completely recover, a backup of the gpg keys is also required. What's your strategy for this? Do you just backup the entire ~/.gnupg/ directory?
If my main key breaks, I can switch to the backup key which gives me a buffer to setup a new key from my backup.
The ArchWiki has a decent guide: https://wiki.archlinux.org/index.php/Paperkey
- passphrase (long sentence, but it's easy to remember) - uid (Name <email> - easy) - timestamp (10 digits - kinda hard to memorize but you can have it noted is plain text since it's not sensitive information)