Google Docs has recently been updated with a highly requested feature. Docs users are now able to fix an image in place within a document to make sure its position will not be disrupted by text.
This new feature makes the "Wrap text" option more reliable since you won't have to worry about adding new text lines or changing the alignment.
Here's how to enable it:
You will also notice a new sidebar with all the image options available in Google Docs.